Official Dispatch No. 10080/NHNN-CSTT dated November 13, 2008 of the State Bank of Vietnam providing information about mobilization and loan interest rate

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Official Dispatch No. 10080/NHNN-CSTT dated November 13, 2008 of the State Bank of Vietnam providing information about mobilization and loan interest rate
Issuing body: State Bank of VietnamEffective date:
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Official number:10080/NHNN-CSTTSigner:Nguyen Ngoc Bao
Type:Official DispatchExpiry date:Updating
Issuing date:13/11/2008Effect status:
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Fields:Finance - Banking
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Effect status: Known

 

THE STATE BANK OF VIETNAM
---------
SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
--------------
No. 10080/NHNN-CSTT
Re: providing information about mobilization and loan interest rate
Hanoi, November 13, 2008
 

To:
- Commercial banks
- Joint venture banks
- Foreign banks' branches
 
With a view to implementing the direction of Governor of the State Bank about timely following up development of interest rates in the market for the purpose of management of monetary policy, State Bank of Vietnam would like to request commercial banks, joint venture banks and foreign banks' branches to make quick report on several information of mobilization and loan interest rates in VND, USD as at 15 November 2008 under the forms attached to this official dispatch.
Banks, please, urgently send reports on above mentioned contents to State Bank of Vietnam prior to 16h of 17 November 2008 according to the following address: Department of Monetary Policy- State Bank of Vietnam, 49 Ly Thai To, Hanoi- telephone number: (04).38246955; (04).38259158; email: [email protected]
Looking forward to your good bank's cooperation.
 
 
AUTHORIZED BY THE GOVERNOR
OF THE STATE BANK OF VIETNAM
DIRECTOR OF MONETARY POLICY DEPARTMENT




Nguyen Ngoc Bao
 
NAME OF REPORTING CI:..........
FORM 1: MOBILIZATION INTEREST RATES OF THE CI APPLICABLE TO CUSTOMERS AS OF 15 NOVEMBER 2008
Unit: % per annum
 
Norm
Popular rate
The lowest rate
The highest rate
Average rate (*)
I
Interest rates applicable to VND mobilized deposit
 
 
 
 
1
Demand
 
 
 
 
2
Term of 3 months
 
 
 
 
3
Term of 6 months
 
 
 
 
4
Term of 9 months
 
 
 
 
5
Term of 12 months
 
 
 
 
6
Over 12 months
 
 
 
 
II
Interest rates applicable to USD mobilized deposit
 
 
 
 
1
Demand
 
 
 
 
2
Term of 3 months
 
 
 
 
3
Term of 6 months
 
 
 
 
4
Term of 9 months
 
 
 
 
5
Term of 12 months
 
 
 
 
6
Over 12 months
 
 
 
 
Note: (*) means weighted average mobilization interest rate calculated according to structure of mobilized capital sources for respective terms and interest rates.
FORM 2: LOAN INTEREST RATES OF THE CI APPLICABLE TO CUSTOMERS AS OF 15 NOVEMBER 2008
Unit: % per annum

 
 
Interest rates applicable to VND loan
Interest rates applicable to USD loan
1
The highest loan interest rate
 
 
2
The lowest loan interest rate
 
 
3
Popular interest rate applicable to short term loan
 
 
4
Popular interest rate applicable to medium, long term loan
 
 
5
Interest rate applicable to VND loan of which principal's value is secured by foreign currency (if any)
 
 
6
Loan interest rate applicable to preferential subjects under the bank's policy
 
 
 
- Producing, trading in export goods
 
 
 
- Customers who are prestigious and capable of payment
 
 
 
- Importing essential commodities
 
 
 
- Small and medium sized enterprises
 
 
 
- Production households in the rural area
 
 
 
- Purchasing food
 
 
 
------------------------
 
 
Drawer
Controller
General Director
 
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